by Ian Harvey
November 06, 2019
These are the results for earnings predictions for selected
companies last week.
“Earnings Predictions” members made potential
profits of 290%.
For the more cautious trader, by exiting before
the earnings report, a potential profit of 182%.
EARNINGS PREDICTIONS RESULTS FOR WEEK BEGINNING OCTOBER 28, 2019
|DATE||TRADE||EXITING BEFORE EARNINGS||GAIN/LOSS AFTER EARNINGS|
|October 28, 2019||BYND NOV 15 2019 90.000 PUT||58% P.P.||150% P.P.|
|October 29, 2019||MA NOV 15 2019 275.000 CALL||42% P.P||71% P.P|
|October 29, 2019||AMD NOV 15 2019 34.000 CALL||35% P.P||6% P.P|
|October 30, 2019||AAPL NOV 15 2019 250.000 CALL||33% P.P.||36% P.P.|
|October 30, 2019||TWLO NOV 15 2019 110.000 CALL||14% P.P||30% P.P|
The "meatless" meat
company posted Q3 earnings results after the closing bell last Monday, beating
on both top and bottom lines for the second-straight quarter: 6 cents per share
topped estimates by a penny, while sales of $92 million outperformed the $82.56
million analysts were looking for.
But, shares plunged more than 20% on Tuesday last week as investors rushed to cash in after a restriction on selling stock lifted and worries mounted about rising costs and increased competition at the hugely popular plant-based meat producer.
Mastercard reported better-than-expected third-quarter earnings last Tuesday. Shortly after the open, Mastercard stock reversed lower as it worked toward a buy point.
MasterCard came out with quarterly earnings of $2.15 per share, beating the Consensus Estimate of $2.01 per share. This compares to earnings of $1.78 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 6.97%. A quarter ago, it was expected that this processor of debit and credit card payments would post earnings of $1.82 per share when it actually produced earnings of $1.89, delivering a surprise of 3.85%.
YOU NEED TO BE IN TO PROFIT!
Advanced Micro Devices released its third-quarter earnings results after markets closed last Tuesday, meeting analysts’ estimates. It was AMD’s best quarter in years. The company’s PC and data center segments were its strongest.
AMD reported adjusted earnings per share of 18 cents, in line with what Wall Street had expected. It posted revenue of $1.8 billion, again matching analyst estimates.
Guidance for the current quarter was slightly lower than Wall Street anticipated. AMD forecasts a revenue range with a midpoint of $2.1 billion for the quarter ending in December, versus the average analyst estimate of $2.15 billion.
Yet, AMD stock initially fell on the news only to recover by the next day’s close.
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Apple announced financial results for its fiscal 2019 fourth
quarter ended September 28, 2019 last Wednesday after the market closed. Apple
topped Wall Street's financial targets, as an expanding catalogue of wearable
gadgets and online services helped offset declines in the company's flagship
The Company posted quarterly revenue of $64 billion, an
increase of 2 percent from the year-ago quarter, and quarterly earnings per
diluted share of $3.03, up 4 percent. International sales accounted for 60
percent of the quarter’s revenue.
The stronger-than-expected results sent Apple's stock up as much as 3% in after-hours trading on Wednesday; and 2.3% higher during Thursday trading.
Twilio reported third-quarter 2019 non-GAAP earnings of 3 cents per share, which topped the Consensus Estimate of a penny. However, the bottom line was lower than the year-ago figure of 7 cents.
Meanwhile, the company’s third-quarter revenues soared 75% year over year to $295.1 million and also surpassed the Consensus Estimate of $287 million, driven by increasing clientele and the Sendgrid buyout. Growing adoption of Twilio Flex is also a tailwind.
However, the company’s guidance for the full year as well as the fourth quarter was disappointing as it impacted shares to decline more than 10% in the extended trading session last Wednesday.
What Now after Earnings Predictions.....?
Also, read the article “Exiting Options Trades BEFORE or AFTER Earnings Reports Comparison!”
What will “Stock Options Made Easy” advise members to do?
AS ALWAYS THE DECISION IS YOURS!
An Important Note: That any suggestions for options trade considerations require investors/traders to use their own discretion as to when to enter or exit! As well, it is advisable to do further research and due diligence before executing your trade.
It is sometimes best to exit a trade, if there is already sufficient profit accrued, before an earnings report is presented. GREED can be the undoing of a nice profit!